Advancements in the number of features in bronchoscopy instruments are a major factor driving revenue growth

VANCOUVER, BC, CANADA, January 16, 2023 /EINPresswire.com/ -- The global bronchoscopy market size reached USD 2.54 Billion in 2021 and is expected to register a revenue CAGR of 5.8% during the forecast period, according to latest analysis by Emergen Research. Rising rates of respiratory illnesses are a major contributor to the market's revenue growth. One of the main factors influencing revenue development is the ability of bronchoscopy technologies to assist visibility of inner anatomical complications of the respiratory system. The camera of a bronchoscope enables a medical expert to view the patient's lungs through the bigger airways. The majority of respiratory disease-related deaths are thought to be caused by imprecise respiratory tissue visualization. The bio-imaging sector has been completely transformed by bronchoscopy, which has greatly expanded the usage of bronchoscopy.

Growing bronchoscopy-related technological developments are a key driver of revenue growth. One of the main factors driving market revenue is the expansion of research and development into the creation of novel bronchoscopy platforms to treat chronic diseases.

Risk factors associated with bronchoscopes is a major restraining factor. Although bronchoscopy is generally risk-free, there is a slight possibility of Airway bleeding. Pneumonia (infection in the lung) is a lung's portion collapsing (pneumothorax).

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The market intelligence report is a prototype of the 360° overview of the global Bronchoscopy industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.

Competitive Landscape:

The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Bronchoscopy market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.

The major companies Covered in the report are:

Teleflex Incorporated; Olympus Corporation; Ambu A/s; Karl Storz; Fujifilm Holdings Corporation; Boston Scientific Corporation; Cogentix Medical; Medtronic; Cook Medical; EMOS Technology GmbH; Broncus Medical Inc.

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Emergen Research has segmented the global bronchoscopy market on the basis of medical application, product type, end-use, and region:

Type Outlook (Revenue, USD Billion; 2019-2030)

Flexible

Rigid

Others

Application Outlook (Revenue, USD Billion; 2019-2030)

Oncology

Pneumonia

Pulmonary tuberculosis

Others

End-Use Outlook (Revenue, USD Billion; 2019-2030)

Hospitals

Molecular diagnostic laboratories

Medical clinics

Others

Regional Outlook (Revenue, USD Billion; 2019-2030)

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Benelux

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

UAE

South Africa

Turkey

Rest of MEA

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Bronchoscopy Market Size Worth USD 4.22 Billion in 2030

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